West Asia conflict and AI disruption cast twin shadows over India's market outlook: Sanjeev Prasad

West Asian conflict hits Indian equities at a vulnerable time, with stretched valuations and AI concerns already present. Sanjeev Prasad of Kotak Institutional Equities highlights oil supply disruption as a major threat, potentially impacting current account deficit and margins for commodity-linked sectors. While underlying economic trends remain, prolonged conflict could necessitate earnings downgrades.